May 7 2010
Stock market plunge erased 9 months of a rally in a few minutes. On the same day too big to fail amendment shot down by Senate.
It is amazing what occurred yesterday. The media gave such a historical event little play. In the matter of a few minutes the Dow plunged nearly 1,000 points erasing 9 months of stock gains ($500 billion in U.S. stock market wealth). Stocks around the world also sold off on the event since many were left [...]
Jan 13 2010
2.4 Million Job Openings for 15.3 Million Unemployed: How Average Americans don’t Partake in the Current Casino Stock Market Rally. Most of Net Worth is Stored in Housing but not for the top 10 Percent.
For the most recent job opening data, according to the JOLT survey by the BLS, there were 2.4 million job openings in November of 2009. Now this might seem like a large number but it is not. Consider the fact that we have 15.3 million Americans that are still officially labeled as unemployed. And this [...]